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Gold And Silver Hit New Highs For Second Time In One Week

Not shocking, gold and silver continue to climb against a wall of pessimism. This is exactly what bull markets do, they climb in the face of pessimism. We all know that gold and silver can be volatile, it is likely the volatility will increase both to the upside and downside. Long term prices will continue to rise, with the strong possibility of a price explosion in the near future as the dollar’s purchasing power falls off a cliff. Like it or not the dollar is a doomed currency, at least from the standpoint of purchasing power. As the purchasing power continues to fall you will see a reflection in gold and silver prices as they go much higher.